fbpx
Tag

crypto exchange Archives - Coinscious

Cryptocurrency Market Data: Supported Exchanges, Tokens, Trading Pairs

Market Data: Supported Exchanges, Tokens & Trading Pairs

By | Cryptocurrency, Market Data | No Comments

Coinscious provides data on various cryptocurrency exchanges, tokens, and trading pairs. To see whether the data you require is available, you can conveniently check through the following three endpoints in our Market Data API.

Supported Exchanges

  • A complete list of exchanges supported by Coinscious can be obtained by sending a GET request to the endpoint: https://api.coinscious.org/exchanges.
  • In addition to the names, you will also receive additional information such as their execution fees, withdrawal fees, and margin funding requirements.

Shell Example

Python Example

Java Example

Supported Tokens

  • A complete list of tokens supported by Coinscious can be obtained by sending a GET request to the endpoint https://api.coinscious.org/tokens.
  • The returned data will contain the symbol, English, and Chinese name of all cryptocurrencies.

Shell Example

Python Example

Java Example

Supported Trading Pairs

Shell Example

Python Example

Java Example

Resources

Links

Data Services 

MARKET DATA API: The most accurate and comprehensive raw crypto market VWAP, OHLCV, trade and order book data. Our data services enable retail and institutional investors easy access to historical and live stream, gapless data with only 100 millisecond latency. Subscribe Now

ALERT API: Fast, real-time alerts to capture more trade opportunities. Track price, volume & trend changes in mainstream crypto markets, and monitor big monetary movements on blockchain data. Subscribe Now

Terminal

COINSCIOUS TERMINAL: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators. Access now.

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report. 

Cryptocurrency Market Data: Live Stream Trade Data

Market Data: Live Stream Trade Data

By | Cryptocurrency, Market Data | No Comments

What Is Trade Data?

  • Trade data is information about a cryptocurrency trade that was transacted. This data includes the price, amount, cryptocurrency exchange where it occurred, and time when it occurred.

How To Obtain Live Stream Trade Data?

  • Coinscious provides trade data specific to a trading pair and exchange in a live stream format through our WebSocket Market Data API.
  • To subscribe to the data, send { subscribe: “trade”, msg: {exchange: <exchange>, pair: <pair>} }, and to unsubscribe, send { unsubscribe: “trade”,msg: {exchange: <exchange>, pair: <pair>} }. Once you are subscribed, you will receive real-time information about trades as they happen until you unsubscribe. 
Name Required Type Description
exchange Yes string Exchanges supported
pair Yes string Token Pair supported

Python Example

Java Example

Resources

Links

Data Services 

MARKET DATA API: The most accurate and comprehensive raw crypto market VWAP, OHLCV, trade and order book data. Our data services enable retail and institutional investors easy access to historical and live stream, gapless data with only 100 millisecond latency. Subscribe Now

ALERT API: Fast, real-time alerts to capture more trade opportunities. Track price, volume & trend changes in mainstream crypto markets, and monitor big monetary movements on blockchain data. Subscribe Now

Terminal

COINSCIOUS TERMINAL: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators. Access now.

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report. 

Cryptocurrency Market Data: Live Stream Order Book

Market Data: Live Stream Order Book

By | Cryptocurrency, Market Data | No Comments

What Are Order Books?

  • Limit order books are electronic lists of open buy and sell orders for a specific asset.
  • Order books list the bids and asks available at each price level.
  • They are arranged with the best offered prices at the top, meaning the lowest ask limit order prices will be at the top of the ask order book, and the highest bid limit prices will be at the top of the bid order book.

Why Use Order Books?

  • Order book data is valuable as it can reveal more information about the market than simply looking at the last traded price or the mid-price.
  • For instance, order books can tell you about what prices other people in the market are willing to buy and sell at, and the relative amount can indicate whether it will be easier for the price to move up or down.

How To Obtain Order Book Data?

  • Coinscious provides order book data specific to a trading pair and exchange in a live stream format through our WebSocket Market Data API.
  • To subscribe to the data, send { subscribe: <subscribe>, msg: {exchange: <exchange>, pair: <pair>} }, and to unsubscribe, send { unsubscribe: <subscribe>,msg: {exchange: <exchange>, pair: <pair>} }. Once you are subscribed, you will receive real-time information about the order book as they change over time until you unsubscribe.
  • In addition to specifying the cryptocurrency trading pair and the exchange, there is also a <subscribe> parameter. The <subscribe> parameter can take multiple values and controls the types of order book data that you will receive.
  • orderbook5, orderbook10, orderbook20 modes are limit order books that respectively provide the top 5, 10, and 20 asks or bids of an order book.
  • snapshot and orderbookStream modes provide Level 2 order book data. snapshot is the full order book that includes every price level and amount at each timestep, whereas orderbookStream provides streamed data in the form of operations to be applied to the previous timestep’s order book.
  • orderbookL3 and orderbookL3Stream modes both provides the original depth of market data from exchanges, and are the snapshot and streamed versions of the data, respectively.
Name Required Type Description
subscribe Yes string orderbook mode, value supported: orderbook, orderbook5, orderbook10, orderbook20, orderbookStream, orderbookL3, orderbookL3Stream
unsubscribe Yes string orderbook mode, value supported: orderbook, orderbook5, orderbook10, orderbook20, orderbookStream, orderbookL3, orderbookL3Stream
exchange Yes string Exchanges supported
pair Yes string Token Pair supported

Python Example

Java Example

Resources

Links

Data Services 

MARKET DATA API: The most accurate and comprehensive raw crypto market VWAP, OHLCV, trade and order book data. Our data services enable retail and institutional investors easy access to historical and live stream, gapless data with only 100 millisecond latency. Subscribe Now

ALERT API: Fast, real-time alerts to capture more trade opportunities. Track price, volume & trend changes in mainstream crypto markets, and monitor big monetary movements on blockchain data. Subscribe Now

Terminal

COINSCIOUS TERMINAL: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators. Access now.

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report. 

Cryptocurrency Market Data: Exchange VWAP

Market Data: Exchange VWAP

By | Cryptocurrency, Market Data | No Comments

What Is VWAP Data?

  • VWAP data is a form of cryptocurrency market data and stands for volume weighted average price. 
  • VWAP is the average price of an asset within an interval, and this average is calculated by weighing the prices proportionally to the volume traded at that price.

How To Obtain Exchange VWAP Data?

  • Coinscious provides Exchange VWAP data for a variety of exchanges and trading pairs, as well as for intervals ranging from one minute to one day.
  • The exchange VWAP endpoint provides the VWAP of a specific trading pair on a single exchange.
  • This is different from the VWAP data endpoint, which provides the price of a cryptocurrency across multiple exchanges and markets and is denominated in a fiat currency. Learn more about our VWAP data: here.
  • Exchange VWAP data can be obtained from our Market Data API by making a GET request to the endpoint  https://api.coinscious.org/exchange-vwap/{exchange}/{pair}. 
  • Optional parameters that can be included include the interval, start and end times, and limit. For instance, if you want the ETH/BTC VWAP at Binance at one minute intervals, then you would make a GET request to this url: https://api.coinscious.org/exchange-vwap/binance/eth_btc?interval=1m
Name Required Type Description
exchange Yes string Exchanges supported
pair Yes string Token Pair supported
interval No string Interval and limit
start No timestamp
end No timestamp
limit No integer Interval and limit

Shell Example

Python Example

Java Example

Resources

Data Services 

MARKET DATA API: The most accurate and comprehensive raw crypto market VWAP, OHLCV, trade and order book data. Our data services enable retail and institutional investors easy access to historical and live stream, gapless data with only 100 millisecond latency. Subscribe Now

ALERT API: Fast, real-time alerts to capture more trade opportunities. Track price, volume & trend changes in mainstream crypto markets, and monitor big monetary movements on blockchain data. Subscribe Now

Terminal

COINSCIOUS TERMINAL: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators. Access now.

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report. 

Cryptocurrency Market Data: VWAP

Market Data: VWAP

By | Cryptocurrency, Market Data | No Comments

What Is VWAP Data?

  • VWAP data is a form of cryptocurrency market data and stands for volume weighted average price. 
  • VWAP is the average price of an asset within an interval, and this average is calculated by weighing the prices proportionally to the volume traded at that price.

How To Obtain VWAP Data?

  • Coinscious provides VWAP data for a variety of cryptocurrencies for intervals ranging from one minute to one day, as well as denominated in various fiat currencies.
  • The VWAP data endpoint from Coinscious provides the price of a cryptocurrency across multiple exchanges and markets and is denominated in a fiat currency.
  • This is different from the Exchange VWAP endpoint, which provides the VWAP of a specific trading pair on a single exchange. Learn more about our Exchange VWAP: here.
  • VWAP data can be obtained from our Market Data API by making a GET request to the endpoint: https://api.coinscious.org/vwap/{token}.
  • Optional parameters that can be included include the interval, start and end times, and limit. For instance, if you want the BTC VWAP in Canadian Dollars, then you would make a GET request to this url: https://api.coinscious.org/ohlcv/binance/btc?fiat=CAD.
Name Required Type Description
token Yes string Token supported
fiat No string Fiat Currency supported
interval No string Interval and limit
start No timestamp
end No timestamp
limit No integer Interval and limit

Shell Example

Python Example

Java Example

Resources

Data Services 

MARKET DATA API: The most accurate and comprehensive raw crypto market VWAP, OHLCV, trade and order book data. Our data services enable retail and institutional investors easy access to historical and live stream, gapless data with only 100 millisecond latency. Subscribe Now

ALERT API: Fast, real-time alerts to capture more trade opportunities. Track price, volume & trend changes in mainstream crypto markets, and monitor big monetary movements on blockchain data. Subscribe Now

Terminal

COINSCIOUS TERMINAL: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators. Access now.

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report. 

Cryptocurrency Market Data: OHLCV

Market Data: OHLCV

By | Cryptocurrency, Market Data | No Comments

What Is OHLCV Data?

  • OHLCV data is a form of cryptocurrency market data that summarizes the prices within an interval using five data points.
  • OHLCV stands for open, high, low, close, and volume.
  • Open and close data points are the first and last prices in the interval.
  • High and low data points are the highest and lowest prices in the interval.
  • Volume data is the total amount traded over the interval.

How To Obtain OHLCV Data?

Name Required Type Description
exchange Yes string Exchanges supported
pair Yes string Token pair supported
interval No string Interval and limit
start No timestamp
end No timestamp
limit No integer Interval and limit

Shell Example

Python Example

Java Example

Resources

Data Services 

MARKET DATA API: The most accurate and comprehensive raw crypto market VWAP, OHLCV, trade and order book data. Our data services enable retail and institutional investors easy access to historical and live stream, gapless data with only 100 millisecond latency. Subscribe Now

ALERT API: Fast, real-time alerts to capture more trade opportunities. Track price, volume & trend changes in mainstream crypto markets, and monitor big monetary movements on blockchain data. Subscribe Now

Terminal

COINSCIOUS TERMINAL: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators. Access now.

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report. 

June 2019 Cryptocurrency Market Report

June 2019 Cryptocurrency Market Report

By | Advanced Market Report, Coinscious Lab, Data Analytics | No Comments

Overview

June was an exciting month for cryptocurrencies. The price of Bitcoin, the first and largest cryptocurrency by market capitalization, crossed the $9000, $10000, and $11000 mark all in one month. Bitcoin last traded around the $11000 price level in March 2018 during the bear market that followed after peaking in December 2017. This year’s long bear market, dubbed by many as the “crypto winter” appears to be definitively over following cryptocurrency’s steady resurgence and the crossing of these major psychological thresholds by Bitcoin. 

Bitcoin rose 44.41% in June 2019, and most other cryptocurrencies that we analyzed had positive returns as well.

Cryptocurrency Market Developments in June 2019

Various developments related to new cryptocurrencies and blockchain projects may be responsible for the bullishness surrounding cryptocurrencies this month. In particular, these projects are led by high-profile organizations, raising the interest and demand for cryptocurrencies in general, as well as legitimizing the cryptocurrency space to previously unconvinced market participants.

Global risks and uncertainties may also be making cryptocurrencies more popular as a safe haven.

Cryptocurrency Market Developments in June 2019

Performance

Exhibit 1: Monthly returns of cryptocurrencies over the past year.

Cryptocurrency Market - Monthly Returns Over Past Year

Best and Worst Performers

Performance of cryptocurrencies across two different time frames – June 2018 to June 2019, and only June 2019 – are presented below. Cryptocurrencies that had the highest total returns, lowest total returns, and highest Sharpe ratio are highlighted. In addition, other metrics such as rate of return, alpha, and beta (relative to the Bitwise 100) are shown all as daily, non-annualized values.

Exhibit 2: Cryptocurrencies with the highest total returns in June 2019.

Cryptocurrencies with the highest total returns in June 2019.
  • ChainLink (LINK) had the highest total return in June 2019.
  • LINK is a decentralized data oracle designed to provide reliable real-world data inputs for smart contracts.
  • Recent positive developments for the cryptocurrency in June include an article by Google Cloud titled ““Building hybrid blockchain/cloud applications with Ethereum and Google Cloud” that mentioned LINK, and a new listing on cryptocurrency exchange, CoinbasePro.

Exhibit 3: Cryptocurrencies with the lowest total returns in June 2019.

Cryptocurrencies with the lowest total returns in June 2019
  • Tezos (XTZ) had the lowest total return in June 2019.
  • XTZ is a self-amending proof-of-work dApp platform with built-in mechanisms designed to remove the need to hard fork when implementing protocol amendments.

Exhibit 4: Cryptocurrencies with the highest total returns from June 2018 to June 2019.

Cryptocurrencies with the highest total returns from June 2018 to June 2019. 
  • In addition to being the cryptocurrency with the highest total return in the past year, LINK also had the highest total return over the past year. LINK beat out the next best cryptocurrency, Binance Coin (BNB) by a huge order of magnitude.
  • Bitcoin (BTC) was the third best performing cryptocurrency.

Exhibit 5: Cryptocurrencies with the lowest total returns from June 2018 to June 2019.

Cryptocurrencies with the lowest total returns from June 2018 to June 2019.
  • Pundi X (NPXS) had the lowest total return in the past year.
  • NPXS is a token used for payments and settlements. It is also integrated with their own physical point-of-sale devices.

Exhibit 6: Cryptocurrencies with the largest Sharpe Ratios in June 2019.

Cryptocurrencies with the largest Sharpe Ratios in June 2019
  • HyperCash (HC) had the best performance relative to its risk in June 2019 as measured by the Sharpe ratio.
  • HC belongs to an emerging class of cryptocurrencies called “sidechains” which facilitate the transfer of digital assets between other blockchains.

Exhibit 7: Cryptocurrencies with the largest Sharpe Ratios from June 2018 to June 2019.

Cryptocurrencies with the largest Sharpe Ratios from June 2018 to June 2019. 
  • ChainLink (LINK) had the best performance relative to its risk in the past year as measured by the Sharpe ratio.

Risk vs. Return

Mean Daily Return vs. Daily Volatility

Exhibits 8 and 9 present the risk versus return trade-off by plotting mean daily return versus historical daily volatility for various cryptocurrencies. Higher returns at a given level of risk, measured through historical daily volatility, indicate a relatively better investment.

Exhibit 8: Plot of mean daily return against historical daily volatility for individual cryptocurrencies in June 2019.

Cryptocurrencies June 2019 - Mean daily return vs historical daily volatility
  • ChainLink (LINK) had both the highest mean return and volatility overall.
  • The cluster of cryptocurrencies with close to 0% mean returns and volatility are stablecoins, including Tether (USDT), Paxos Standard Token (PAX), TrueUSD (TUSD), and USD Coin (USDC).

Exhibit 9: Plot of mean daily return against historical daily volatility for individual cryptocurrencies from June 2018 to June 2019.

Cryptocurrencies June 2018 to June 2019 - Mean daily return vs historical daily volatility
  • ChainLink (LINK) was identified earlier as having the best Sharpe ratio – here it can be visualized through LINK’s higher mean daily returns compared to other cryptocurrencies with a similar daily volatility.

Value Comparison using CAPM

Previously, we presented a comparison of risk versus return measured by the mean daily volatility and mean daily return, respectively. To build upon the idea of compensating investors sufficiently for a given level of risk, we apply the Capital Asset Pricing Model (CAPM) to determine what is the threshold required return for a cryptocurrency to be worth its risk.

We quantified the systematic risk of individual cryptocurrencies by calculating its beta over the past year. Higher positive betas indicate that the cryptocurrency is more volatile than the market, whereas negative betas indicate that the cryptocurrency moves against the market. The Bitwise 100 cryptocurrency index, a market capitalization weighted index of the top 100 cryptocurrencies, was used as a proxy for the market portfolio in beta calculations.

In Exhibit 10, we plotted individual cryptocurrencies’ beta versus expected return, which was calculated as the daily rate of return using data from June 2018 to June 2019, and assume that historic returns are a sufficiently good measure of future returns. In addition, using the risk-free rate and the expected returns of the Bitwise 100, we constructed a Security Market Line that represents the fair expected return that an investor should be compensated for a cryptocurrency with a given beta.

Using this model, cryptocurrencies above the Security Market Line are theoretically undervalued, and cryptocurrencies below the Security Market Line are overvalued.

Exhibit 10: Plot of the expected return against beta for individual cryptocurrencies and the Security Market Line, calculated with daily returns from June 2018 to June 2019.

Plot of the expected return against beta for individual cryptocurrencies and the Security Market Line, calculated with daily returns from June 2018 to June 2019.
  • Chainlink (LINK) is theoretically the most underpriced and would provide the best value, with its high expected return relative to its systematic risk.
  • Some other cryptocurrencies identified as being underpriced are Bitcoin SV (BSV), Binance Coin (BNB), Bitcoin (BTC), HyperCash (HC), Litecoin (LTC), Dogecoin (DOGE), and Basic Attention Token (BAT).

Correlations

Exhibits 11 to 16 show the overall and rolling 30-day correlation from the past year of the top three cryptocurrencies by market capitalization, the S&P 500 and VIX indices, the Chinese Yuan (CNY) and gold prices.

Correlation measures the linear relationship between two series and can range between -1 and 1. More positive correlations indicate a stronger positive linear relationship while more negative correlations indicate a stronger negative linear relationship. A correlation of 0 or close to 0 indicates little to no linear relationship. 

Exhibit 11: Correlation between BTC, XRP, ETH, VIX, S&P 500, CNY, and gold daily returns from June 2018 to June 2019.

Correlation between BTC, XRP, ETH, VIX, S&P 500, CNY, and gold daily returns from June 2018 to June 2019.
  • The top three cryptocurrencies by market capitalization, Bitcoin (BTC), Ether (ETH), and XRP (XRP), are highly positively correlated with each other.
  • Cryptocurrencies and the S&P 500 are slightly positively correlated.
  • Cryptocurrencies and VIX are slightly negatively correlated.
  • Gold and Bitcoin (BTC), as well as Gold and Ether (ETH) are slightly negatively correlated.
  • CNY has a stronger correlation with XRP (XRP) than with other cryptocurrencies, although it is still a relatively small number.

Exhibit 12: Rolling 30-day correlation between BTC, XRP, ETH daily returns.

Rolling 30-day correlation between BTC, XRP, ETH daily returns.
  • Correlations between the three pairs of cryptocurrencies examined rarely dipped below 0.5.
  • In general, Bitcoin (BTC) and Ether (ETH) were usually more positively correlated than other pairs.

Exhibit 13: Rolling 30-day correlation between BTC, XRP, ETH daily returns and S&P500 daily returns.

Rolling 30-day correlation between BTC, XRP, ETH daily returns and VIX daily returns.

Exhibit 14: Rolling 30-day correlation between BTC, XRP, ETH daily returns and VIX daily returns.

Rolling 30-day correlation between BTC, XRP, ETH daily returns and VIX daily returns.

Exhibit 15: Rolling 30-day correlation between BTC, XRP, ETH daily returns and CNY daily returns.

Rolling 30-day correlation between BTC, XRP, ETH daily returns and CNY daily returns.

Exhibit 16: Rolling 30-day correlation between BTC, XRP, ETH daily returns and gold daily returns.

Rolling 30-day correlation between BTC, XRP, ETH daily returns and gold daily returns.

APPENDIX A: Cryptocurrency Symbols & Names

Below is a complete list of all cryptocurrencies examined in this report as well as their symbol to full name mapping.

Cryptocurrency Symbols and Names

APPENDIX B: Cryptocurrency Distribution Statistics

Below is a complete list of all cryptocurrencies examined in this market report. In addition, we present the mean, standard deviation (volatility), skewness, and kurtosis for each cryptocurrency’s daily returns from June 1, 2019 to June 30, 2019, and from June 30, 2018 to June 30, 2019. 

For cryptocurrencies where data did not reach all the way back to June 30, 2019, statistics were calculated only using as much historical data as was available.

Cryptocurrency Distribution Statistics
Cryptocurrency Distribution Statistics

APPENDIX C: Cryptocurrency Performance Metrics

Below is a complete list of all cryptocurrencies examined in this market report. In addition, we present the mean daily returns, historical daily volatility, total returns, and ex-post Sharpe ratio for each cryptocurrency from June 1, 2019 to June 30, 2019, as well as from June 30, 2018 to June 30, 2019.  Rate of return and Alpha are shown as daily, non-annualized values. Beta is calculated using the Bitwise 100 to represent the market portfolio.

Empty values in the Jun-2018 to Jun-2019 Total Return column indicate that data on the cryptocurrency from June 2018 was not available, hence that metric could not be calculated. Furthermore, for those cryptocurrencies, the remaining metrics were calculated only using as much historical data as was available.

Cryptocurrency Performance Metrics
Cryptocurrency Distribution Statistics

APPENDIX D: Data Sources

Our universe of analysis includes 50 of some of the most widely used and traded cryptocurrencies. Cryptocurrencies were selected on the basis of being in the top 50 cryptocurrencies by market capitalization according to CoinMarketCap data where Coinscious also had USD pricing data.

The daily price data of cryptocurrencies in USD at 4:00 PM EST from June 30, 2018 to June 30, 2019 was used for our calculations.

The prices are the volume weighted average price of the cryptocurrency in USD at 4:00 PM EST each day across all exchanges where Coinscious has data. The only exception is Siacoin (SC), where we used the Yahoo Finance price instead due to data quality issues at the time of writing.

Daily closing price data of the S&P500 index and VIX volatility index was obtained from Yahoo Finance. Bitwise 100 index data was provided by Bitwise Asset Management. The 10-year US Treasury bill rate on June 30, 2018 from YCharts was used for calculations involving a risk-free rate. Chinese Yuan to US Dollar rates were obtained from FRED. Gold prices are the morning gold fixing prices in London at 10:30 am, also obtained from FRED.

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report. Chainlink

TERMINAL

Coinscious Terminal: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators.

SIGN-UP FREE: MARKET DATA API  |  ALERT API 

June 2019 Cryptocurrency Blockchain & Alert Signal Report

June 2019 Blockchain & Alert Signal Analysis

By | Blockchain & Alert Signal Report, Coinscious Lab, Data Analytics | No Comments

Overview

Released monthly, this report consists of the following two sections: 

  1. Blockchain transaction statistics and simple correlation analysis to Bitcoin (BTC)  price, and 
  2. Summary of alert system statistics from June 1, 2019 to June 30, 2019. 

Our blockchain transaction statistics are based on Coinscious’ blockchain data for BTC, Ethererum (ETH), and Tether (USDT). For our analysis, we filter out all transactions that are less than $100,000 USD, 25 BTC, and 750 ETH. Next, we compare the flow of transaction volumes in and out, as well as the transaction amounts throughout the month. We also visualize the net transaction trend using BTC daily price.

In our alert system summary, we look at signals produced by Coinscious’ alert system such as:

  • price pump and dump signals,
  • volume spike and drop signals, and 
  • relative strength indicator (RSI) signals at daily ticks. 

Here, we provide investigate statistics on BTC, ETH, and XRP for USD, CAD, and USDT currencies for different cryptocurrency exchanges. The summary statistics illustrates how often extreme events occur for each market. 

Blockchain Transaction

Figure 1. Price versus net transaction correlation for large-value outstanding transactions between June 1 to June 30, 2019.

Cryptocurrency Blockchain Transaction - Price versus net transaction correlation BTC, ETH, USDT

Figure 1 illustrates BTC price and blockchain transactions going in and out of cryptocurrency exchanges for BTC, ETH, and USDT.  

The first row in Figure 1 demonstrates that BTC price has steadily increased in June. The net USDT transactions into cryptocurrency exchanges are positive throughout June. Interestingly, we see a positive correlation between BTC price and ETH net transactions – the price of BTC rises when ETH net transaction is positive, and the price of BTC falls when ETH net transaction is negative. 

The third row in Figure 1 illustrates that USDT had the most active transactions in June, followed by BTC and ETH. However, even though ETH had the smallest number of transactions, its transaction size is the greatest, followed by BTC and USDT as shown in the second row of Figure 1. 

Alert Signal Analysis

a) Bitstamp { BTC, ETH, XRP } / USD

Figure 2. Price pump and dump signals, volume spike signals, and RSI (14) signals at Bitstamp for BTC/USD, ETH/USD and XRP/USD between June 1 to June 30, 2019.

Blockchain - Price pump and dump signals, volume spike signals, and RSI (14) signals at Bitstamp for BTC/USD, ETH/USD and XRP/USD between June 1 to June 30, 2019.

BTC/USD trading pair at Bitstamp had a total of 53 price pump signals and 48 price dump signals.  The average price change was -0.20% within 15 minutes, and the maximum and minimum price changes were 3.76% and -4.04%, respectively. 

ETH/USD trading pair had a total of 40 price pump signals and 47 price dump signals. The average price change was -0.08%, and the maximum and minimum price changes were 1.80% and -3.45%, respectively. 

XRP/USD trading pair had a total of 51 price pump signals and 52 price dump signals. The average price change was -0.20%, and the maximum and minimum price changes were 3.24% and -5.92%. In comparison, the average and maximum price changes for XRP/USD were similar to BTC/USD. However, the largest price dump was 2.00% lower.  

In the second and third column of Figure 2, we can see that both BTC and ETH had higher volume spikes than XRP. RSI (14) on daily tick had several oversold signals (at 30), but did not trigger any overbought signals (at 70).

b) Kraken { BTC, ETH, XRP } / CAD

Figure 3. Price pump and dump signals, volume spike signals, and RSI (14) signals at Kraken for BTC/CAD, ETH/CAD and XRP/CAD between June 1 to June 30, 2019.

Blockchain - Price pump and dump signals, volume spike signals, and RSI (14) signals at Kraken for BTC/USD, ETH/USD and XRP/USD between June 1 to June 30, 2019.

BTC/CAD trading pair at Kraken had a total of 19 price pump signals and 40 price dump signals.  The average price change was -0.13% within 15 minutes, and the maximum and minimum price changes were 5.58% and -9.54%, respectively. 

ETH/CAD trading pairhad a total of 22 price pump signals and 46 price dump signals. The average price change was 0.15%, and the maximum and minimum price changes were 5.08% and -5.00%, respectively. 

XRP/CAD trading pair had a total of 21 price pump signals and 47 price dump signals. The average price change was close to zero percent (-0.03%), whereas the maximum and minimum price changes were 4.28% and -8.06%, respectively.  

Overall, BTC/CAD, ETH/CAD, and XRP/CAD trading pairs at Kraken had were more extreme minimum and maximum price changes than respective USD trading pairs at Bitstamp. 

c) Binance { BTC, ETH, XRP } / USDT

Figure 4. Price pump and dump signals, volume spike signals, and RSI (14) signals at Binance for BTC/USDT, ETH/USDT and XRP/USDT between June 1 to June 30, 2019.

Blockchain - Price pump and dump signals, volume spike signals, and RSI (14) signals at Binance for BTC/USD, ETH/USD and XRP/USD between June 1 to June 30, 2019.

APPENDIX A: Figures

a) BTC/USD price pump and dump at Bitstamp between June 1 to 30, 2019.

Blockchain - BTC/USD price pump and dump at Bitstamp between June 1 to 30, 2019.

b) BTC/USD volume spike & drop at Bitstamp between June 1 to 30, 2019.

Blockchain - BTC/USD volume spike and drop at Bitstamp between June 1 to 30, 2019.

c) BTC/USD RSI(14) signal at Bitstamp between June 1 to 30, 2019.

Blockchain - BTC/USD RSI(14) signal at Bitstamp between June 1 to 30, 2019.

APPENDIX B: Methodology

  • Price pump and dump calculations: calculated based on if the price goes above or below the upper and lower Bollinger bands and the price surpasses the rolling highest value over 6 hours.
  • Volume spike and drop calculations: calculated based on if the volume goes above or below exponential moving average of volume over 10 days.
  • RSI overbought and oversold calculations: calculated based RSI(14) indicator, and used 30 and 70 values for overbought and oversold threshold.

APPENDIX C: Alert System Statistics

Summary of alert system statistics between June 1 to 30, 2019.

BITSTAMP BTC/USD ETH/USD XRP/USD
# Price Pump Signal 53 40 51
# Price Dump Signal 48 47 52
Avg. Price Change  (15min)  -0.20 -0.08 -0.20
Max. Price Change (15min) 3.76 1.80 3.24
Min. Price Change  (15min) -4.04 -3.45 -5.92

 

KRAKEN BTC/CAD ETH/CAD XRP/CAD
# Price Pump Signal 19 22 21
# Price Dump Signal 40 46 47
Avg. Price Change  (15min)  -0.13 0.15 -0.025
Max. Price Change (15min) 5.58 5.08 4.28
Min. Price Change  (15min) -9.54 -5.0 -8.06

 

BINANCE BTC/USDT ETH/USDT XRP/USDT
# Price Pump Signal 56 38 56
# Price Dump Signal 45 44 45
Avg. Price Change  (15min)  -0.24 -0.12 -0.20
Max. Price Change (15min) 2.77 1.85 3.18
Min. Price Change  (15min) -4.87 -3.46 -6.29

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report. Chainlink

TERMINAL

Coinscious Terminal: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators.

SIGN-UP FREE: MARKET DATA API  |  ALERT API

Practice Trading & Backtesting Cryptocurrency Strategies

Practice Trading & Backtesting Cryptocurrency Strategies

By | Cryptocurrency | No Comments

There was a time, in the not-so-distant past, when there existed only one cryptocurrency: Bitcoin. Since the emergence of Bitcoin in 2009, there are not hundreds, but thousands of cryptocurrencies available today. Crypto investors, both individual and institutional, want to succeed in this volatile marketplace by maintaining a strong portfolio and investing in assets that will maximize their profits at the lowest possible risk. In order to properly analyze risks and profitability, crypto investors need performance metrics to measure and evaluate their trading strategies. Here, we introduce new analytics, tools and resources that help crypto investors practice trading and backtesting to optimize their strategy’s potential.

Good Performance Benchmarks

Most crypto investors track cryptocurrencies based on their price. However, if you have a plethora of cryptocurrencies in your portfolio, it is not always easy to track them individually. Instead, benchmarks and indices are useful tools for tracking the performance of multiple cryptocurrencies based on a predefined set of metrics. Benchmarks are intended to be simple, transparent, flexible to changes, easy to understand and can be applied to measure the performance of any portfolio in comparison. We will analyze the performance of two cryptocurrency benchmarks more closely: CCi30 and Bitwise 10. 

Cryptocurrency Index 30 (CCi30) is one of the oldest indexes in the cryptocurrency space – its starting value is January 1, 2015. CCi30 is based on the top 30 cryptocurrencies by market capitalization to measure overall growth, daily and long-term movement of the blockchain industry. 

Bitwise 10 Large Cap Crypto Index (Bitwise 10) tracks the total return of the 10 largest cryptocurrency assets. These assets are measured and weighted by free-float and 5-year inflation-adjusted market capitalization.

What Do You Get In Return?

Timing is everything. When you enter the cryptocurrency market, results in different rates of return on your investment. Let’s explore three different scenarios. 

If you entered the cryptocurrency market in January 2017, CCi30 and Bitwise 10 benchmarks show that your return rates lie between 500-750% in profits (Figure 1a). In contrast, if you entered the market in January 2018, your return rates lie between 70-80% in losses (Figure 1b). Finally, if you entered the market in January 2019, your return rates lie between 10-20% in profits (Figure 1c). 

Figure 1a. Performance of CCi30 and Bitwise 10 benchmarks if investor entered the cryptocurrency market in January 2017. Return rates lie between 500-750% profit. 

Cryptocurrency Backtesting: Benchmark Return CCi30 BITX

Figure 1b. Performance of CCi30 and Bitwise 10 benchmarks if investor entered the cryptocurrency market in January 2018. Return rates lie between 70-80% loss. 

Cryptocurrency Backtesting: Benchmark Return CCi30 BITX

Figure 1c. Performance of CCi30 and Bitwise 10 benchmarks if investor entered the cryptocurrency market in January 2019. Return rates lie between 10-20% profit. 

Cryptocurrency Backtesting: Benchmark Return CCi30 BITX

Putting It To The Test

We tried a simple experiment starting January 1, 2019 to determine how profitable we will be compared to cryptocurrency benchmarks CCi30 and Bitwise 10. In the first week, we invested in 5 cryptocurrencies based on one of the two strategies below. After one week, we sold all 5 cryptocurrencies. We repeated this process every two weeks by selecting another set of 5 cryptocurrencies. 

Strategy 1

In our first strategy, Strategy 1, we choose the top 5 cryptocurrencies with the largest total returns in the past 30 days, found readily in our biweekly Market Reports. For example, in our latest market report from June 24, 2019 (Figure 2), the top 5 cryptocurrencies are Hypercash (HC), MonaCoin (MONA), Bitcoin SV (BSV), GXChain (GXC), and Bytom (BTM). Total returns in the past 30 days is also available in real-time through our Coinscious Terminal

Figure 2. Mean daily returns, historical daily volatility, total returns, and ex-post Sharpe ratio for each cryptocurrencies with the highest total returns from May 25, 2019 to June 23, 2019. The Sharpe ratio is calculated with the 10 year US Treasury bill rate as the annual risk-free rate.

Crypto Report - HyperCasH HC, MONA, BSV, GXC, BTM

Strategy 2

In our second strategy, Strategy 2, we choose the top 5 cryptocurrencies based on Sharpe ratios from the past 30 days, found in our Advanced Market Reports. The Sharpe ratio is a risk adjusted measure of return that describes the reward per unit of risk. The reward is the average excess returns of an investment against a benchmark or risk-free rate of return, and the risk is the standard deviation of the excess returns. A higher Sharpe ratio is better. Ex-ante Sharpe ratio is calculated with expected returns whereas ex-post Sharpe ratio is calculated with realized historical returns.

Will We Profit?

We ran our experiment every two weeks for three months. Now, let’s look at how our strategies, Strategy 1 and Strategy 2, perform when compared to cryptocurrency benchmarks CCi30 and Bitwise 10. 

Figure 3 shows that if we entered the cryptocurrency market on January 1, 2019, based on CCi30 and Bitwise 10 benchmarks, our rate of return lies between 10-20%. In comparison, the strategies from our experiment are much more profitable. By using Strategy 1, we yield an 80% return rate while Strategy 2 yields a 50% return rate. 

Figure 3. Cumulative return rates for CCi30 and Bitwise 10 benchmarks, Strategy 1 and Strategy 2 between January 1, 2019 to March 30, 2019. 

Cryptocurrency Backtesting: Benchmark Return CCi30 BITX Benchmark

We can look at performances of Strategy 1 and Strategy 2 through additional plots such as 30-day rolling Sharpe ratio versus time; 30-day volatility versus time; and drawdowns versus time. 

In figure 4a, we see that the 30-day rolling Sharpe ratio constantly decreases for Strategy 2 between the beginning of February to mid-March. This is helpful to perceive as we may consider changing our strategy if the Sharpe ratio continues to decline even further. 

Figure 4a. 30-day rolling Sharpe ratio for Strategy 1 and Strategy 2 between January 1, 2019 to March 30, 2019. 

Cryptocurrency Backtesting: 30-day rolling Sharpe ratio for Strategy 1 and Strategy 2 between January 1, 2019 to March 30, 2019.

Figure 4b. 30-day rolling volatility for Strategy 1 and Strategy 2 between January 1, 2019 to March 30, 2019.

Cryptocurrency Backtesting: 30-day rolling volatility for Strategy 1 and Strategy 2 between January 1, 2019 to March 30, 2019.

Figure 4c. Drawdowns for Strategy 1 and Strategy 2 between January 1, 2019 to March 30, 2019.

Cryptocurrency Backtesting: Drawdown

Practice Makes Perfect

Crypto investors are risk takers who know there’s a huge potential for profit. In order to make the most of their portfolio, crypto investors need access to high-quality historical and real-time technical data to backtest, evaluate, and optimize their trading strategies. By providing direct access to our team’s analysis, tools and accurate data, we make it easy for crypto investors to have all the necessary means to succeed on their own or through our backtesting services. In doing so, crypto investors can adequately manage a strong, profitable portfolio that has one, hundreds, or even thousands of cryptocurrencies.

Learn More

Find out more about all the freely accessible tools and resources we highlighted in this article.

TERMINAL

  • Coinscious Terminal: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators

SIGN-UP NOW FREE:   MARKET DATA API   |  ALERT API

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report.

Building A Stronger Cryptocurrency Portfolio

By | Cryptocurrency | No Comments

With the cryptocurrency market still in its infancy, there are many windows of opportunity for the right investors. Crypto investors, both individual and institutional, want to succeed in this volatile marketplace by maximizing their profits with the lowest possible risk. However, with a plethora of assets to choose from, it’s not as simple as trusting biased opinions that voice optimism one day and skepticism the next. Instead, investors need to focus on researching the potential assets they’re investing in and understanding their risk profile to ensure success. Here, we introduce new analytics, tools and resources that help crypto investors easily identify valuable asset candidates that contribute to building a stronger cryptocurrency portfolio.

Understanding Risk-Return Tradeoff

Technical data may seem daunting perceive without the right know-how. A risk-return plot is a simple way to visually see an asset’s performance relative to its volatility. In the following example, we will examine a historical plot from our market report of the mean daily return versus daily volatility for the top 50 cryptocurrencies between February 28, 2019 to March 28, 2019.

Figure 1. Mean daily return against historical daily volatility from February 28, 2019 to March 28, 2019.

a) Comparing Similar Assets

Let’s say we wanted to consider a return level just above 1%, how do we determine which asset to consider adding to our portfolio?

In Figure 1, the red line (1) shows that there are four assets that have mean daily returns slightly above 1%: Litecoin (LTC), OmiseGO (OMG), Basic Attention Token (BAT), and Ontology (ONT). Although the assets may have similar daily return levels, they do not share the same behaviour.

Next, we look at the diagonal blue line (2) in figure 1 and see which asset falls on the left-most side. Assets towards the left of the plot represent assets with lower volatility. Therefore, among the assets that offer the same level of return, Litecoin is the least volatile and the best choice out of the four to add to our portfolio.

b) Investigating Outliers

Riskier assets are found in the top-rightmost corner of the risk-return plot. These outlier assets represent assets that offer the highest mean daily return but are also the most volatile.

In Figure 1, the green line (3) shows that Tezos (XTZ) stands out. Tezos is a self-amending proof-of-work dApp platform that removes the need to hard fork when implementing protocol amendments. Although, higher risk investments may have the highest potential return, there is no guarantee. We can use real-time analytics from our Coinscious Terminal to look at Tezos’ performance for a longer duration of time and determine whether it’s worth adding to our portfolio or if it’s too risky.

Figure 2. Tezos (XTZ) return and risk table from: https://terminal.coinscious.io

From the table in Figure 2, we see that in terms of return, Tezos offers positive returns with price changes – constantly growing from one day to three months. The same table also shows that in terms of risk, Tezos’ volatility over one month and one year are both relatively low, and its price sits on the higher end.

Based on the data above, Tezos looks to be a favourable asset to add to our portfolio. We can deepen our understanding of by looking at performance analytics, trend sentiments, and indicator analytics featured on Tezos’ individual asset page (Figure 3).

Figure 3. Tezos (XTZ) performance analytics, trend sentiments and indicator analytics from: https://terminal.coinscious.io/details/XTZ/en

Tezo’s overall one-year performance and risk analytics identify: Sharpe ratio, alpha, beta, r-squared, mean return and volatility values, maximum drawdown, Value at Risk (VaR), and expected shortfalls. Trend sentiments help gauge Tezos’ trend momentums and moving averages over long periods of time. Indicator analytics are useful for discovering which strategy works best for this asset under performance metrics like Sharpe ratio, win rate and profit factor.

Together, all this technical data objectively shows an asset’s performance compared to its risk, and helps crypto investors determine whether they are good candidates to add to their portfolio or risky investments to avoid.

Realizing Cryptocurrency’s Potential

Crypto investors know there’s a huge potential for profit. However, overcoming the risks requires effort and planning. Reading the whitepaper to understand the problem a project is attempting to solve, identifying the team behind-the-scenes, and determining the uniqueness and prospect of a potential asset are fundamental steps to take. However, they only represent the first phase of much bigger learning curve.

In order to make the most of their portfolio, crypto investors need to digest a lot of historical and real-time technical data to grasp the full tradeoff between risk and return. By providing direct access to our team’s analysis, tools and accurate data, we make it easy for crypto investors to have all the necessary means to succeed. In doing so, crypto investors no longer need to rely on biased opinions that favour currently hyped assets. Rather, they can focus on building stronger cryptocurrency portfolios by choosing valuable assets based on data-driven insights.

Learn More

Find out more about all the freely accessible tools and resources we highlighted in this article.

TERMINAL

  • Coinscious Terminal: real-time analytics on the top 100 coins/tokens, 18 mainstream crypto exchanges, and top technical trading indicators

SIGN-UP NOW FREE:   MARKET DATA API   |  ALERT API

Disclaimer

The information contained herein is for informational purposes only and is not intended as a research report or investment advice. It should not be construed as Coinscious recommending investment in cryptocurrencies or other products or services, or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in the crypto market entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Coinscious and its partners, directors, shareholders and employees may have a position in entities referred to herein or may make purchases and/or sales from time to time, or they may act, or may have acted in the past, as an advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

Neither Coinscious or its partners, directors, shareholders or employees shall be liable for any damage, expense or other loss that you may incur out of reliance on any information contained in this report.